"Since then, the stock has gained over 316,600% as the company has grown into the linchpin of e-commerce. Since its inception, Amazon has become a mainstay in the Magnificent 7 and now commands the fifth-largest market cap of any publicly traded company. However, for investors, what matters most now is how the stock performs going forward. Let's crunch the numbers on a 2030 price prediction for Amazon."
"From 2014 to 2024, shares of Amazon surged by more than 1,025%, from $19.94 to $223.75. A considerable amount of that gain came between March 2020-coinciding with the arrival of the COVID-19 pandemic-and last year. From March 13, 2020, through the end of December 2024, the stock climbed from $89.25 per share to $134.50, a gain of 150.70%, as the company became the focal point for sourcing materials during lockdowns."
Amazon's split-adjusted IPO price was seven cents per share and the stock has since delivered cumulative gains exceeding 316,600%. From 2014 to 2024, shares rose over 1,025%, moving from $19.94 to $223.75. Revenue grew from $89 billion to $638 billion, an increase of more than 616%, while net income swung from a −$0.241 billion loss to $59.2 billion in profit, a gain of 24,664.3%. Pandemic-era demand accelerated sales, driving significant stock gains but contributing to 2022 challenges. Future outcomes depend on e-commerce recovery, cloud (AWS) growth, operational efficiency, macro conditions, and valuation metrics like P/E ratios.
Read at 24/7 Wall St.
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